Cryptocurrency Stellar Decreases More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Stellar's (XLM) price has decreased by 3.99% in the last 24 hours, continuing a weekly decline of 3.0%. Despite the price drop, trading volume has surged by 94.0%, and the circulating supply has slightly increased. Stellar's market cap is ranked #35 at $2.73 billion.
October 02, 2024 | 7:01 pm
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Stellar's price has decreased by 3.99% in the last 24 hours, continuing a weekly decline of 3.0%. Despite the price drop, trading volume has surged by 94.0%, and the circulating supply has slightly increased. Stellar's market cap is ranked #35 at $2.73 billion.
The price of Stellar (XLM) has decreased significantly in the short term, which is likely to negatively impact its market perception. The increase in trading volume suggests heightened interest or volatility, but the overall trend is negative. The market cap ranking and circulating supply provide context but do not offset the negative price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100